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(WILMINGTON, Del.)Barclays Bank PLC, Britain's third-largest bank, said Wednesday that Barney C. Briggs has been named chief financial officer of its credit card business in the U.S.READ MORE

(ZURICH, Switzerland)Swiss Reinsurance Co. reported a 53 percent drop in second-quarter net profit Tuesday, citing ongoing financial turmoil on the world markets. The world's largest reinsurer said its...READ MORE

(LONDON)Barclays Bank PLC said Tuesday it has agreed to sell its life assurance business to Swiss Re, the world's largest insurer, for around 753 million pounds (US$1.5 billion) in cash.READ MORE

(CHICAGO)Newspaper publisher Tribune Co. said Thursday it has signed a $300 million asset-backed commercial paper facility with Barclays Bank PLC. Tribune said the facility allows the compa...READ MORE

(NEW YORK)Discover posted a healthier quarterly profit Thursday than Wall Street expected--no thanks to the lending business, however. The card company benefited between March and May not fr...READ MORE

(NEW YORK)A federal securities fraud investigation could result in criminal charges as early as Thursday against two former Bear Stearns executives suspected of misleading investors about th...READ MORE

(LOS ANGELES)The outlook for housing was still rosy a little more than a year ago when the nation's largest public employees pension fund invested almost $1 billion in LandSource Communitie...READ MORE